RASI

RASI (Restaurant Accounting Services Inc.) is a financial services and software solution designed specifically for the restaurant industry. According to the vendor, RASI aims to help restaurant owners, operators, managers, accountants, and bookkeepers improve profitability, streamline financial processes, and make data-driven business decisions. The software is intended for restaurants of all sizes, including independent establishments, multi-unit operations, and franchise establishments.

Key Features

Restaurant Accounting: According to the vendor, RASI offers purpose-built ERP software for restaurants, aiming to enable focused financial management and empower data-driven business decisions.

Restaurant Bookkeeping: RASI provides access to a team of expert bookkeepers, aiming to ensure accurate financial reporting and audits, as well as seamless expense tracking and automated transaction processing.

Financial Reporting: RASI offers streamlined reporting capabilities, aiming to maximize profits by providing real-time data for informed business decisions, and customizable charts of accounts and financial statements.

Payroll & HRIS: RASI aims to ensure timely and accurate payroll processing, compliance with local, state, and federal mandates, and integration with POS systems and HR partners.

AP & Cash Management: RASI provides a fully digitized cash management system, along with accounts payable management and reconciliation, and daily/weekly cash reconciliation and reporting, according to the vendor.

Inventory Management: According to the vendor, RASI helps optimize menus for profitability by offering detailed item-level reporting and analysis, as well as menu engineering and item velocity reporting.

Purchasing & Rebates: RASI allows restaurants to leverage purchasing power through the Buyers Edge Platform, offering managed supply chain and logistics consulting, as well as enterprise spend management and cost controls, according to the vendor.

Business Intelligence & Data Analytics: RASI provides real-time data for actionable insights, along with budgeting, analysis, and forecasting tools, and workforce and supplier intelligence, according to the vendor.

POS Integration & Data Normalization: RASI aims to enable seamless transfer of POS data to accounting software, standardization of financial metrics across the board, and improved accuracy and efficiency in financial reporting, according to the vendor.

Restaurant Compliance: According to the vendor, RASI offers expert guidance on compliance with changing regulations, aiming to protect valuable assets, employees, and businesses, and provide technology that adapts to evolving compliance requirements.

Treasury Solutions: RASI provides purpose-built technology for timely and accurate tax payments, ensuring compliance with local, state, and federal tax mandates, and minimizing tax-related risks, according to the vendor.